Accounting: [Operating leverage] Pink Corporation has sales of 1,350 units at $55 per unit. Variable expenses are 44% of the selling price. If total fixed expenses are $23,000, the degree of operating leverage is?
Accounting: [Operating leverage] Pink Corporation has sales of 1,350 units at $55 per unit. Variable expenses are 44% of the selling price. If total fixed expenses are $23,000, the degree of operating leverage is?
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 23MC: If a firm has a contribution margin of $78M90 and a net income of $13,700 for the current month,...
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![Accounting: [Operating leverage] Pink
Corporation has sales of 1,350 units at
$55 per unit. Variable expenses are 44%
of the selling price. If total fixed
expenses
are $23,000, the degree of operating
leverage is?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Faaf41388-99a9-418f-b61a-7b4db8589540%2F3cf9bbb6-40e6-484d-8425-a5ae296661e8%2F3trvc56_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Accounting: [Operating leverage] Pink
Corporation has sales of 1,350 units at
$55 per unit. Variable expenses are 44%
of the selling price. If total fixed
expenses
are $23,000, the degree of operating
leverage is?
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